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Mount Pleasant, Michigan Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
77
Sold (12M)
30
Median Price
$73K
Market Condition
Strong Buyer's Market

Mount Pleasant, Michigan Market Meter

Buyer'sSeller's
Strong Buyer's Market

38.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$73K
Avg Price/Acre
$13K
Avg Days on Market
319
Months of Supply
38.5
YoY Price Change
+2.4%
New Listings (3M)
16

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1126
1-2 acres1133
2-5 acres-147
5-10 acres--13
10-20 acres-111
20-50 acres1114
50-100 acres----
100+ acres-111
TOTAL361325
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres6 sold / 45 listed
1-2 acres3 sold / 13 listed
2-5 acres7 sold / 7 listed
5-10 acres3 sold / 4 listed
10-20 acres1 sold / 3 listed
20-50 acres4 sold / 4 listed
50-100 acres0 sold / 1 listed
100+ acres1 sold / 0 listed

Median Price by Acreage

$0$255K$509K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.8M
Last 12 months
Active Listings
77
Current inventory
Avg Days on Market
319
Time to sell
Price Trend (YoY)
+2.4%
Year over year

Mount Pleasant, Michigan Land Market Analysis

How much is land worth in Mount Pleasant, Michigan?

The median price for land in Mount Pleasant, Michigan is currently $13K per acre. For a typical parcel, the median sale price is $73K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $25K while premium lots reached $304K.

Is now a good time to buy land in Mount Pleasant, Michigan?

Mount Pleasant, Michigan is currently a strong buyer's market with 38.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 2.4% year-over-year.

What is the months of supply for land in Mount Pleasant, Michigan?

Mount Pleasant, Michigan currently has 38.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the absorption rate for land in Mount Pleasant, Michigan?

The 3-month absorption rate in Mount Pleasant, Michigan is 2.6%. The 12-month rate is 3.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Mount Pleasant, Michigan?

The median land price in Mount Pleasant, Michigan stands at $73K. This translates to roughly $13K per acre for the typical parcel size. The average price is $128K, indicating some higher-priced properties pulling up the average.

How long does it take to sell land in Mount Pleasant, Michigan?

Land in Mount Pleasant, Michigan typically sells within 319 days of listing. The median time on market is 134 days. Properties are moving slowly in the current strong buyer's market.

What is the average price per acre in Mount Pleasant, Michigan?

Land in Mount Pleasant, Michigan averages $25K per acre. The median price per acre is $13K, which may be more representative of typical transactions. Most parcels sold are around 3.8 acres.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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